Euro down 0.36 points to AMD 411.07

Banks

YEREVAN, 25 December. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on 25 December 2024 was 396.06 drams, up 0.31 points compared to 24 December.

Euro exchange rate decreased by 0.36 points to AMD 411.07, while the Russian  ruble exchange rate increased by 0.01 points to AMD 3.98, the Central Bank reported.  -0-

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Announces

“Organic Agriculture Development” Program Launches for 2026

Acba Bank and the Armenian Association "For Humanity and Nature" (FPAN) are launching the "Organic Agriculture Development" program for 2026.
Banks

Armenia’s relevant committee approved an increase in the dividend tax for bank shareholders to 15%

At its meeting on Tuesday, the Armenian National Assembly's Committee on Economic Affairs approved draft amendments to the RA Tax Code and the Law "On State Duty," which provide for changes in taxation of the banking sector.
Announces

Armenia is discussing introducing bank restructuring mechanisms instead of liquidation procedures

The Parliamentary Committee on Financial, Credit, and Budgetary Affairs of Armenia yesterday approved the draft new law "On Bank Restructuring," which had been discussed in the first reading, along with several related laws.
Economy

Yerevan’s budget revenues for the first four months amounted to 31.6 billion drams, with a 111.2% performance rate

From January to April 2026, the Yerevan budget actually received 31.6 billion drams of its planned 28.5 billion drams in revenues, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.
Insurance

LIGA Insurance Marks 18 Years in the Armenian Market and Announces a New Stage of Development and Brand Identity Refresh

LIGA Insurance announces the refresh of its brand identity, marking a new stage in the company’s development and the beginning of its international integration process, as the company celebrates 18 years of operation in the Armenian insurance market.

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Euro up 1 point to AMD 412.07
Euro up 1 point to AMD 412.07